Annual Budget

Budgets are submitted by chartered student organizations and reviewed by the Finance Committee during scheduled budget hearings. The Finance Committee will review all the requests and make revisions to the budget requests based on the merits of the request, the needs of the organization, and the funding available. After deliberations, the Finance Committee forwards a balanced budget to the GPSA Council where the Council votes on the budget. Finally, the GPSA President must sign off on a balanced budget no later than early April. The budget allocations will be dispersed at the start of the fiscal year (July 1) and any allocated funding that is unused will revert to the GPSA General Fund at the end of the fiscal year and will be eventually be distributed again to student organizations.

Budget Process Timeline

Event

Date

Time

Notices

Minutes

Budget Workshop 11/29/216:00 p.m. (MT)NoticeN/A
Budget Workshop 22/5/216:00 p.m. (MT)NoticeN/A
Budget Workshop 32/12/216:00 p.m. (MT)NoticeN/A
Budget Application Deadline2/19/215:00 p.m. (MT)N/AN/A
Hearing Schedule Announced2/22/215:00 p.m. (MT)NoticeN/A
Deadline to Request Schedule Change2/23/215:00 p.m. (MT)N/AN/A
Budget Hearings and Deliberations2/26/215:00 p.m. (MT)NoticeMinutes
Budget Recommendation Meeting3/5/216:00 p.m. (MT)NoticeMinutes
Finance Committee Recommendations Announced 3/5/217:30 p.m. (MT)N/AN/A
Council Consideration of Fiscal Year Budget3/27/2112:00 p.m. (MT)See approved budget amounts belowN/A
Fiscal Year Begins7/2/2112:00 a.m. (MT)N/AN/A

 

FY22 Budget - Approved Recommendations

The following FY22 student organization budgets were recommended by the Finance Committee on Friday, March 5, 2021. The recommended budget amounts were presented and approved at the GPSA Council meeting on Saturday, March 27, 2021.

 

Student Organization 

Approved Budget Amount

ACCESS Medicine$503
African Student Association$624
American Medical Women's Association$734
American Medical Student Association (AMSA)$955
American Planning Association$448
Association of Native American Medical Students $151
Association of Women Surgeons$503
Bangladeshi Student Association$815
Biophysical Society$302
Cardiology Interest Group$332
Chinese Students & Scholars Association$704
Community Action For UNM Student Empowerment (CAUSE)$453
Crossroads$332
Diversity Organization$473
Ecomomics Graduate Student Organization$498
GPSA Council$27,410
GPSA Court of Review$804
GPSA Elections Committee$905
GPSA Executive Adhoc Committee$804
GPSA Executive Finance Committee$2,010
GPSA General Government$52,597
GPSA Lobby$1,508
GPSA Programs Committee$2,161
GPSA Student Support & Advocacy$1,206
Industry Pharmacist Organization$201
Information Security Management & Analytics Research Team (iSMART)$851
International Business Students Global$754
Iranian Student Association$302
Medical Interpretation SIG$483
Medieval Studies Student Association$568
No One Dies Alone$503
Pediatric Medicine Interest Group$503
Physical Medicine & Rehab Interest Group$503
Rural & Urban Underserved Student Interest Group$493
SAC Publications$1005

Eligibility for the GPSA Annual Budget Process

  • Be a chartered Student Organization through the Student Activities Center

  • Have active graduate and/or professional student membership
  • May NOT be an RDSA/RGSA that directly applies for and receives GPSA PB (Pro-rated Benefit) Funding

Use of GPSA Budget Funds

Annual budget funding is primarily intended for:

  • Operational expenses (advertising, copying, office supplies, recruitment materials, and equipment, etc.)
  • Reoccurring costs

Budget funding is NOT intended for:

  • Travel
  • One-time events
  • Rainy day funds 

Budget Application

In order to receive a budget application and packet, organizations need to attend a GPSA Budget Workshop. After attending a workshop, organizations will receive an application via email.

Applications are due by the date listed above, with no exceptions. 

Further Questions?

For questions about chartering a student organization contact the Student Activities Center (SAC) at 277-4706 or sac@unm.edu.

For information about setting up and utilizing a university account for a student organization contact the Student Government Accounting Office  (SGAO) at 277-7888 or sgao@unm.edu.

For information specifically about GPSA funding for a student organization contact the Finance Chair at gpsafin@unm.edu or contact the GPSA Office at  277-3803.